New measures announced to help tariff-hit British firms amid ambitious plans to foster closer ties with EUThe chancellor, Rachel Reeves, has set out the case for far-reaching changes to global trade and economic agreements, admitting that Donald Trump’s tariffs will have a “profound” effect on the UK and world economies that require a strong international response.In her first significant intervention since the US president caused chaos on the global financial markets by announcing huge levies on imports to the US, Reeves says in a column for the Observer that she is “under no illusion about the difficulties that lie ahead”. Continue reading…
Source link : https://www.theguardian.com/politics/2025/apr/12/rachel-reeves-calls-for-global-free-trade-fightback-to-protect-uk-economy
Author : Toby Helm, Political Editor, Phillip Inman, Economics Editor and James Tapper
Publish date : 2025-04-12 18:37:00
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Rachel Reeves calls for global free trade fightback to protect UK economy
